FBM KLCI climbs, DeepMind urges AI guardrails, and China’s trade troubles deepen amid US tensions.

Malaysia

• Bursa Malaysia closes morning session higher at 1,520.16.
  
• MISC, Tenaga, and Petronas Chemicals lead gains.
  
• Kenanga predicts continued rebound absent US inflation shocks.
  
• Financial Services and Energy indices also up.
  

International

• DeepMind CEO Demis Hassabis urges global AI safety protocols.
  
• Warns against malicious misuse of artificial general intelligence.
  
• Calls for international AI governance amid rising deepfake and impersonation risks.
  

Asia

• China’s exports to US fall 12.7% in May; imports drop 17.9%.
  
• Domestic prices continue deflation trend for fourth straight month.
  
• Rare earth exports up ahead of high-stakes US-China talks in London.
  

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